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Prepare statement of profit and loss …

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Prepare statement of profit and loss 1. Closing capital 39000 2. Additional capital 25000 3. Drawing 1000 per annum 4. Opening capital 52000 In the solution why we will take drawings as 40000
  • 2 answers

Kanha Aggarwal 6 years, 1 month ago

25000+55000=80,000

Kanha Aggarwal 6 years, 1 month ago

Closing capital - opening capital + additional capital = drawings
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